RIDENOW GROUP INC CLASS B (RDNW)
Consumer Discretionary · Powersports retail and dealership consolidation · NASDAQ
The largest U.S. powersports retail group with 48 dealerships, leveraging a proprietary online sourcing tool and multi-brand OEM partnerships to consolidate a fragmented market.
What RIDENOW GROUP INC CLASS B does
RideNow Group is the largest powersports retail group in the United States, operating 48 dealerships selling new and pre-owned motorcycles, ATVs, side-by-side vehicles, personal watercraft, and other powersports products. The company sources new inventory from OEMs including BRP, Polaris, Harley-Davidson, Yamaha, and Kawasaki, and pre-owned inventory through a proprietary RideNow Cash Offer online tool. The company also offers parts, accessories, service, maintenance, and finance & insurance products across its dealership network.
Themes: ["Powersports retail","Motorcycles and ATVs","Dealer consolidation and franchise networks","Pre-owned vehicle sourcing / digital inventory acquisition","Finance and insurance products"]
Fundamentals
- Price$5.96 as of 2026-07-09 close
- Market cap$231M as of 2026-07-10
- 1-year return+128.4% as of 2026-07-09 close
- Net margin-4.3% as of 2026-07-10
- Gross margin+27.5% as of 2026-07-10
- ROE-129.1% as of 2026-07-10
- Debt / equity16.97 as of 2026-07-10
- Revenue growth (YoY)-4.2% as of 2026-07-10
- Revenue CAGR (3y)-9.5% SEC XBRL
- Beta1.22 as of 2026-07-10
Key risks (from latest filing)
["Material weaknesses in internal control over financial reporting that need remediation, creating challenges in financial reporting accuracy and governance","Refinancing and liquidity risks, including the ability to meet Credit Agreement refinancing milestones with substantial debt ($210.4M long-term debt plus $263.0M vehicle floor plan notes payable as of Q1 2026)","Highly fragmented and competitive powersports market with competition from franchised dealers, independent dealers, and private parties; dependence on OEM relationships and inventory supply"]
Competitors & peers
- Franchised powersports dealers (multi-brand and brand-specific)
- Independent pre-owned powersports dealers
- Polaris (OEM and dealer networks)
- BRP / Can-Am (OEM and dealer networks)
- Harley-Davidson dealership network
- Yamaha dealership network
- Kawasaki dealership network
Fundamentals: Finnhub, as of 2026-07-10. Filings: SEC EDGAR. Prices are delayed daily-close data.
Last updated 2026-07-09.
Informational only — NOT financial advice. All figures are delayed daily-close data from SEC EDGAR & Finnhub, shown with their as-of date.